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Equity Bottom-Up

Williams Grand Prix Holdings PLC / Equity Bottom-Up

Williams Grand Prix Holdings PLC (WGF1 GY)

<p>Half-year results demonstrated strong progress, notably in the racing activity although, with four races left in the 2017 F1 season, another fifth place finish in the Constructors&rsquo; Championship seems likely. A robust performance from Williams Advanced Engineering (WAE) was also achieved. Balance sheet reformation has been aided by strong H1 cash flow and an &pound;8m property disposal expected shortly.</p>

Half-year results demonstrated strong progress, notably in the racing activity although, with four races left in the 2017 F1 season, another fifth place finish in the Constructors&rsquo; Championship seems likely. A robust performance from Williams Advanced Engineering (WAE) was also achieved. Balance sheet reformation has been aided by strong H1 cash flow and an &pound;8m property disposal expected shortly.

Williams Grand Prix Holdings PLC

H1 sees positive financial development